509 Columbia AveTemplePA19560
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Temple at 509 Columbia Ave, Temple, PA, 19560 offers a 10% rental yield on a $300,000 purchase with $2,501/mo rent. Total monthly income registers $2,501/mo, and a $1,468/mo payment leaves $536/mo available for distribution. Annual cash flow reaches $6,426/yr on $99,450 to close, and return on cash invested stands at 26.37% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 137.99% and total cumulative return in cash at $137,232. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,501/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19560, Temple, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,587 (100%) |
| Owner Occupied HU | 2,663 (74.2%) |
| Renter Occupied HU | 795 (22.2%) |
| Vacant Housing Units | 129 ( 3.6%) |
| Median Home Value | $245,434 |
| Average Home Value | $286,825 |
Housing Distribution
Address Breakdown
Residential
3,709
Single Family
3,649
Multi-Family
60
Businesses
281
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Listed by: Angelo Giannotti • RE/MAX Of Reading
Mls Name: Bright MLS
Mls ID: #PABK2067810